Kentucky pension overhaul wins Senate approval [View all]

FRANKFORT, Ky. (AP) — The Latest on Kentucky bill to overhaul one of nation's worst-funded public pension systems (all times local):

10 p.m.

Defying angry teachers, the Kentucky Senate has approved an overhaul of one of the country's worst-funded public pension systems and has sent it to Gov. Matt Bevin's desk for his signature.

The Senate voted 22-15 Thursday to approve a bill that preserves most benefits for current workers. Most of the changes would impact new hires. But the bill still drew the ire of hundreds of teachers protesting in the Capitol, with many chanting they would vote lawmakers out of office in November.

Republican Sen. Joe Bowen said the bill puts the state on a pathway to paying down its debt while assuring the system's strong financial future.

But Democratic Sen. Ray Jones said the bill would destroy everything teachers have fought for for decades.

Read more: https://www.victoriaadvocate.com/ap/national/the-latest-kentucky-pension-overhaul-wins-senate-approval/article_a3d526d6-927a-5038-8c3c-5d019d1f8e93.html